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. >>> abe time time this morning for a telephone call with u.s. president barack obama. they talked about meeting next month in washington. it would be abe's first foreign visit after forming a new government. he's made strengthening the japan-u.s. relationship a priority. we have more from washington. >> people in the obama administration place a high priority on stability in the asia-pacific. they have been troubled by increase in tension between japan and china over which country owns the islands in the east china sea. and they're concerned the conflicting flames allowed to fester, it could unsettle the dynamic in the region. they want to see security policies and sophisticated diplomacy to calm the situation. u.s. leaders are worried of being drawn into a military confrontation because of their alliance with japan. >> our message to the new japanese government is the same assed to former japanese government, is that we want to see both japan and china avoid provocative acts. we want to see them talk to each other and work this through by dialogue. >> reporter: now japan is tied up in
with u.s. president barack obama. they talked about meeting next month in washington. it would be abe's first foreign visit after forming a new government. he's made strengthening the japan/u.s. relationship a priority. nhk world has more from washington. >> people in the obama administration place a high priority on stability in the asia-pacific. they have been troubled by increasing tension between japan and china over which country owns the senkaku islands in the east china sea. their concerned thathe conflict i claims allowed to fester could unsettled dynamic in the region. they want to see policies and sophisticated diplomacy to calm the swaituation. they're drawn into military confrontation because of their alliance with japan. >> our message to the new japanese government will be the same as the message to the former japanese government, which is that we want to see both japan and china avoid provocative acts. we want to see them talk to each other and work this through by dialogue. >> now japan has stirred up another territorial dispute with south korea. u.s. official want up
-year sentence. u.s.-backed rain monarchy banned all public demonstrations earlier this year. new figures show the obama administration has conducted more than 200,000 deportations of parents with children who are u.s. citizens over a period of about two years. according to federal data, nearly one-quarter of all deportations from july 1, 2010 to the end of the september for issued for parents with u.s. citizen children. colorlines reports the data appears to dash hopes that new guidelines issued for deportations last year would curb the separation of families by immigration and customs enforcement. the prosecutorial discretion guidelines instruct ice agents to focus on certain immigrants, including those with criminal convictions, and to consider a person's ties to the country and "whether the person has a u.s. citizen or permanent resident spouse, child, or parent" when making deportation decisions. a group of new jersey residents who say they're subjected to surprise pre-dawn, immigration rates has reached a settlement of the federal government. most of the plaintiffs were either citizens o
finds. we see falling u.s. demand, rising supply. we see miles driven. there's technology at play. probably the biggest thing that could happen to the auto industry and we can come on to that. that's only a few years out. the message from the futures market that we're get sg oil should be some $10 to $15 lower. if we were to get $10 off the oil price, it broadly equate toes about 1% gdp surprising the western world. it's that time of year where we're pending our thoughts to next year. tangible, economic prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this
for the u.s. car company. in today's cover story, are budget talks in washington killing chrismas for retailers? plus, the winter trade. the sectors of the stock market that go up when temperatures drop. dairy dollars - how entrepreneurs can learn from the latest greek yogurt craze. what small businesses need to do now to prepare for 2013. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's tuesday, december 18th. i'm angela miles. in today's first look: soaring stocks. the dow rallied 100 points higher yesterday, with the other indices following suit along with gold and oil. oil was up on hopes of a budget deal out of washington. boeing's buying back $3.6 billion shares is getting trader buzz. the company is also pushing up its dividend by 10%. microsoft founder bill gates is upping his stake in in deere & company to 7% from 5.8%. deere closed last night at $86. in the fallout from the tragedy in newtown, connecticut, which remains on our minds, some interesting stats: reports say gun rights groups
bloomberg says are killed in shootings each year in the u.s. >> in a democratic society, you have to come together in what the majority of people want. every time there's a poll, the majority want sensible gun restrictions. >> reporter: they're pushing for tighter gun lawns including the type of assault weapon used in the newtown massacre. >> my daughter would have been 19 december 23. >> reporter: nardine's daughter was killed in a drive-by shooting moments after she attended the funeral of another shooting victim. >> it just shouldn't take so much bloodshed. >> reporter: the group joined mayor bloomberg in a new ad campaign pressuring lawmakers to come up with a plan to reduce the number of guns on the streets. >> i demand a plan, and so should you. >> reporter: dozens of people marched against the national rifle association in washington. >> shame on the nra! >> reporter: speaking out for a political action committee, the group says the gun rights group is partly to blame for tragedies like newtown. but the executive director of gun owners of america thinks principals and teachers shou
announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ >> john: today in california, police announced they have arrested a potential copy cat after the deadly shooting in newtown, connecticut. they say he posted threats on facebook targeting elementary schools in los angeles. when they found him at his parents' home, this also came across not one, but nine firearms, including rifles and a shotgun. trace gallagher is live on our west coast news room. we're getting breaking news from the district attorney. >> yeah. we just got this from the d.a. the d.a. is now saying they are not going to file charges against 24-year-old kyle and the reason why is because he didn't make a specific threat toward a specific school or child. the deal is that he posted on facebook several times after the connecticut shooting that if other people didn't stop posting about it, he was going to go out and do the same thing. telling people on fac
next year is likely to be a bit better next year here in the u.s. and globally. >> susie: we saw that treasury yields rose, and is this a signal to get out of treasures and to put your money into stocks? this has been a safety area for most investors. >> it sure is. i bought a bond and it went up, and why do you want to take this away from me. but i believe in the premises of your question. if, in fact, the economy is a little better, and the financial risks are a little better, that's a recipe for very low interest rates, for a mild increase in interest rates, which means bond prices go down. i would not be overweight in the treasury area. i would have modest weights and have the rest made up in equity, susie. >> susie: bob, thanks a lot. we look forward to your 10 predictions in 2013. we'll be talking to you about that. robert doll as nuveen as asset management >> susie: there was a new twist today in the samsung-apple saga over patent disputes. samsung electronics dropped a critical lawsuit banning the sale of apple products in europe. the good news helped put some shine on ap
required on all firearm purchases instead of the fractions of sales that get done today. 408% of u.s. gun sales are by private sellers who are not required to perform background checks. you can be a three-time convicted felon, a serial domestic abuser, severely mentally ill, or even on a terrorist watch list and still go to a gun show or go on the internet and buy whatever gun you want. the american people want to strengthen their bases to prevent the mentally ill from buying gun. but over a million disqualifying mental health records are still missing from states. 10 states have failed to flag a single person as mentally ill. and 17 states list less than 100 people. miles per hour people want to see assault weapons bans reinstated and large capacity ammunition clps banned to keep dangerous ammunition out of the hands of mad men. let's face it. when you put a 30-round clip in an assault weapon, you are not protecting your home. you are not hunting deer, you are hunting people. we have hid from this fight for too long. for too long we have used politics and the second amendment to cover up
, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over % of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your wor. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this so. >> it is 22 minutes past the hour. i have your fox news minute. school is back in session and newtown, connecticut, with the exception of sandy hook elementary. meanwhile, mourners paying final respects to two more students killed in that tragic shooting. government officials say that the -- is working to stabilize the condition. they have not decided if he will be treated in baghdad or another country. a harvard university astronomer is think the device is stumbling in space and officials have not pic
the u.s. postal service the holidays are easy. visit pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. >> it nicky halle makes an announcement. congressman tim scott. tim scott went on the record . >> governor, nice to see both of you. >> hey, greta. how are you? >> i am well. this is an exciting day for south carl scarl and first freck freck senator from the south since 1881 and the first freck freck gop septemberor in the senate since 1979. i take it. even though it is fun to be first. it is not the reason you chose congressman scott. >> what we were looking for south carl exarl and the country was leader and congressman scott showed leadership on the way he moved up through the house leadership without compromising his courage. he fought against raising the debt soling. he's done all of that in a way to make south carolina provide.
an apartment complex in adelphi. what authorities are telling us around 10:30 last night u.s. marshals came to this apartment warrant.eserves a prince george's county police called in to assist in a barricade situation. it has been going on several hours. but they believe a suspect is apartments.f these they believe that suspect is a and considered armed and dangerous. police remain here on the scene. they have evacuated that .partment building anybody lives in that building not able to get inside at this time. been here several hours trying to negotiate in this barricade situation. residents coming home late at y in the morning into theiret back apartments, we spoke with a one- has been sitting in his figure out when he will be able to go home. >> i saba, gone home. i asked them what it was going on and they said they were not allowed to give out that was wanting to go home. get we're not being able to i live here.hen >> police not giving us any more from asian about the warrant or about the suspect. about an identity released at this a very large police presence. -- police are not
is what we know. u.s. marshals came to make an arrest monday night. they had some sort of altercation with the suspect who lives here. he has now barricaded himself inside an apartment here. we're told he is armed but there are no hostages taken. that he has taken in that building. no one else in that building either because it's been evacuated. prince george's county swat team is now negotiating with him. sources on the scene telling us the suspect may have been involved in recent carjackings and that's why he was being arrested this entire area will be blocked off, things here shut down until they can resolve the situation. we do have dozens of riss dents out here in the parking lot waiting to be let back inside. melissa mollet, news 4. >>> thank you, melissa. police are releasing few details after they found a man inside a building. 200 i street yesterday afternoon. homicide crews were also called to the scene. police are not saying how the man died or if there are suspects. >>> police in prince william county are looking for a man who sexually assaulted a girl inside her home posi
hospitalized since early december. senator inouye who served in the u.s. house in 1959 before being elected to the senate in 1962 was serving his ninth term in office after winning their reelection in 2010 was 75% of the vote. a winner of the distinguished service cross for heroism, senator inouye lost his right arm in combat during world war ii. he later received a medal of honor along with another number of japanese american soldiers. from bill clinton in 2000. here is a conversation with the senator from 2008. >>> welcome to the latest interview in the united states capitol historical society's series of oral history interviews to the economy former member of congress from connecticut and i am the president of the united states capitol and historical society. this interview with senator daniel inouye is part of a special series featuring asian-pacific members of congress. in these interviews current and fellow members have relived their memories of people, places and events that have shaped their public career. it is our hope that these recollections will provide listeners with a deeper
remains endemic. toyota will pay a record u.s. fine of $17.4 million for failing to report auto defects quickly and delaying a recall. it's the company's fourth safety-related fine in the past two years. this one involved floor mats that could hold down the gas pedal in some 2010 lexus models. toyota did not admit to any legal violations. those are some of the day's major stories. now, back to judy. >> woodruff: the community continues to mourn its losses in connecticut, resume some routine and consider its own role in a national conversation on what steps should now be taken. ray suarez begins our coverage with this report. >> suarez: a hearse arrived this morning at saint rose of lima catholic church in newtown carrying the body of six-year-old james mattioli, one of the slain first graders from sandy hook elementary school. hours later, a church bell tolled as mourners greeted another small white casket at the funeral for jessica rekos, also six. (bell tolling). meanwhile, students from other local schools returned to class. in buses adorned with ribbons bearing sandy hook's colors,
of the u.s. what it could mean for holiday travel as millions get ready for christmas. >>> the latest on the investigation in newtown, connecticut. we'll talk with a former fbi investigator about what law enforcement is doing to address the many still-unanswered questions can. jenna: welcome back, everyone. extreme weather moving through parts of the country today. you have high winds and mountain snow hitting portland, oregon. that's what you're seeing on your screen. also colorado, utah, wyoming bracing for several feet of snow. meteorologist maria molina from the fox news weather center. >> jenna, good to see you. not just out west but we expect the same snowstorm to track eastward and produce snow across parts of central plains, upper great lakes and eventually rainfall across the east coast. we have a couple of days we'll track the storm system to produce all kinds of travel headaches for anyone doing traveling coming up with christmas already around the corner. some of you will see a white christmas thanks to the snowstorm tracking east. we have snowlingering across parts of wes
the appropriate treatment. funding for mental health care in the u.s. has been slashed for decades. down almost $2 billion since 2009. maryland's funding down 4%. ken ullman critical of the cuts. >> i think that mental health has been something that has not gotten the support and resources that it needs. there is a lot of troubled folks out there. we have a culture of violence and, you know, you never know what gets in the head of somebody who is not well. >> reporter: over the years many institutions for the mentally ill have disappeared leaving more families to deal with sick children at home. >> mental health problems affect one in ten children. >> reporter: maryland's first lady has made educating parents about their options a priority. but advocates say mental health care needs appropriate funding to prevent another sandy hook. >> what is happening now is going to be rippled throughout our communities for years to come if we don't address it now. >> reporter: despite the cuts to funding, maryland is on the forefront of some pilot programs for mental health care and ranked one of the best in t
the past couple of hours. u.s. marshals came to the complex to make an arrest on monday night. they had an altercation with the suspect who then barricaded himself inside the apartment down the hill here. he was armed but did not have any hostages. prince george's county police, u.s. marshals were trying to negotiate with him for the past couple of hours. sources out here on the scene telling us he may have been involved in a recent carjackings and that is why he was arrested now, we plan to speak with prince george's county police here in just a second, get additional information. as soon as we do, we'll pass that information along. live in adelphi, maryland, melissa mollet. >>> police are on the hunt for suspects who broke into a prince george's county home and shot the homeowner. four men broke into that house in the 9100 block of lough gren house. the suspects shot him in the back. he's currently in the hospital with injuries. >>> it's 6:04. the newtown connecticut community will attempt to return to a sense of normalcy today. classes resume today at all newtown schools except sandy
will not testify for now.ecovering from that concussion. john bolton, former u.s. ambassador to the u.n. and fox news contributor and good morning to you. >> good morning. bill: tell me about this review board, what do they do, who is a part of this? >> it was appointed by the state department itself to look into the incident at benghazi. this is a standard procedure. i'm sure they have written a thorough report but it will not be the end of the controversy. bill: why would it not be if it is a thorough report. >> the people did the appointing are the people who did the questions. i don't think the conclusions will necessarily withstand scrutiny. they could cover three main areas. one, why did the stated department reject continued requests for enhanced security for before september the 11th? number two, could we have done more to protect our people during the attack. and numb 3, who came up with this ridiculous story that the whole thing was provoked by the mohammed video. bill: you think you get answers to all three in a review like this. >> you have the capability of it, i do? >> this is not
, maryland to assist u.s. marshals who were attempting to serve an arrest warrant on an individual. once the officers got on scene and shortly thereafter, a barricade was called. >> reporter: we know that every one in the area is safe. we don't believe that the suspect at this point is holding anyone hostage. you were explaining that other people have been evacuated? >> that is correct. individuals who have been affected, who are at the target location of the apartment complex have been moved. >> reporter: there has been some communication. talk about negotiations at this point. >> negotiations are ongoing at this time in an attempt to make contact with the suspect. >> reporter: he's an armed suspect. the person is an armed suspect. we're unsure if it's a male or female. you're hoping the resolution will be a peaceful one. >> yes, ma'am. at this time the person is armed and barricaded themselves inside the apartment and we're hoping that this person through ongoing negotiations will come out peacefully and unarmed. >> reporter: one last quick question. folks will be waking up soon headin
% perfect. we try the best we can. [ music playing ] >> reporter: reggie kumar, kron 4 news. >>> how the u.s. compares to other countries when it compares to gun ownership. the u.s. has the highest rate in the world with an average of 88 guns guns per 100 people. the united states has the most gun related homicides of any other developed country. in 2011, 9100 gun related murders and compare that to japan who had just 11. first off hand gun ownership in japan illegal. and the only time of gun you can own is a shotgun, the process to buy one, more than complicated, you have to pass tests and a shooting range class and a mental and drug test, then you have to pass a back ground check and not only do you have to lock and store your gun, you have to tell the police exactly where in your home that gun will be stored at all times and they are going to check. i am grant lodes, kron 4 news. >>> bay area schools have seen their share of violence. the school district has been beefing ufsecurity over the -- up security over the last few years. that is considered a model for how to protect students. >>
on u.s. consulate in libya will be sent to congress today. the attack in benghazi killed the ambassador stevens and three other americans. the review bore has been looking into whether enough -- given to potential threats and how washington responded. house and senate committees will hold hearings tomorrow and thursday. secretary of state clinton had been expected to testify, but she is recovering from a concussion. >>> con recollection -- congress is debating how much relief money to spend for superstorm sandy. the package involves more than 60 billion dollars in emergency spending. democrats want it out by christmas, it has been seven weeks since storm ravaged the northeast killing more than 120 in new york, new jersey and connecticut. republicans are saying not so fast. they say there's too much work in the -- pork in the package including money for salmon fisheries in alaska, new cars for the government and expansion project for amtrak. >>> southwest airlines has a new fee. next, why you want to get to the airport on time. >>> why a p every time someone chooses finish over cascade,
of around 200 jobs throughout the u.s. they all stopped selling the modern sporting rifles, as they're called. changes the law might be more difficult. >> there is no chance of a ban on handguns. the supreme court has ruled plans to outlaw them in chicago and washington d.c. are unconstitutional. the most likely move would be to ban military-style assault rifles, magazines holding numerous bullet. the president has backed such a bill. >> while he supports strongly an assault weapons ban and other measures, he wants to expand the conversation beyond those specific areas of legislation. >> i'm joe manchin -- >> the group of the gun hand -- of the gun ban will be loosened a little. even west virginia senator joe manchin, whose campaign had focused on gun rights, has changed his mind. he is not alone kerpen >> when my daughters ask me on friday night, dad, you are in the senate, why can't we put reasonable restrictions on assault weapons or rapid-fire ammunition clips, i did not have a good answer for them. enough is enough. >> america is in a reflective mood, which may not last. weapon
of the year. the u.s. postal service expects more than 655 million pieces of mail to be processed because of the holiday season. december 17th is the recommended date to send packages and the 20th is the date to ship -- after that, the post office says use priority mail or express delivery for on or before christmas day. >>> forecast, looking a little busy, too. topper is going to be here to tell you how active your seven- day forecast is looking. >>> also, we speak with an expert from johns hopkins, center for gun policy and research, to answer all your questions regarding gun safety, coming up right after the break. >> the current payroll tax cut is set to expire on december 31st. in dollars and cents, this means that your payroll tax withholding is going from 4.2% to 6.# 2%. why is this happening? many of the policies expiring at the end of the year like the payroll tax cut and emergency unemployment benefits were originally passed on a temporary basis. the thinking was that the economy would be in much better shape by now, and the policies could expire without causing a recession. >>
white christmas, what are the chances? i just tweeted out the chance in d.c. and places around the u.s.. the percentage. because they're not the same. speaking of snow, we'll take you not in the 40 continuous states, to poland. tremendous snows here's, moe of -- here. most of the video is around warsaw. that looks festive to moe. >> look at the line of traffic driving so slowly top. >> it drives slowly like that here in the sunshine you know. >> testive. >> it's festive that's right. very very festive. all right a live look outside. it is our michael & son weather camera. and it's festive outside too. temperatures are still mild down to 50. dew points low 30s. winds still west northwest at 14. and the pressure is continuing to rise at 29.73 inches of mercury. which indicates a little better weather heading our way. and the good news is it's still going to be mild in the wake of this cold front. that's been the pattern so far. we get a cold frt and it just stays mild behind it. going to break that pattern i think by the end of week. last hour 30-mile-per-hour wind gusts at national. 18-
on several charges including willful cruelty. >> san jose figure skating star has been named to the u.s. figure skating hall of fame. the 3 time u.s. champion won u.s. pairs title with chrisy back in 1989 and 1990. in 96 he won the u.s. single title in front of hometown crowd at the hp pavilion. fantastic performance. he retired after earning a bronze medal at the 1996 world championship. 43-year-old man now coaches skating in san jose. congratulations to rudy. >> well still to come here. stanford researchers take technology back to the basics. coming up. in0vaivt tool helping millions of people feel their future. i'll explain. >> plus look what happens when determined little girl takes on determined little girl takes on a giant toy >> also any. woman anguish plea strike as nerve. tonight the tragedy in connecticut one mother perspective on the sz.stion of mental >> school security is on the minds of many in the wake of the school shooting at sandy hook elementary elementary. in millbrae security measures updated regularly. lock to each classroom changed just a year ago. >>
,000 of debt. every single household. the u.s. borrowed roughly $6 billion every day. the country is borrowing $239 billion each hour. that is $4 billion every minute. in the time that this started, u.s. has already borrowed another $4 million. for every dollar they brought in, it spent $200.06. it runs a deficit. deficit is a one-year shortfall that has to be made up by borrowing. the national debt total accumulated debt is the sum of all the annual deficits. less any surplus. it's the running count. we hear politicians talk about deficits and the debt all the time. >> the debt. >> deficit. >> debt. >> deficit. >> bret: how to get politicians to come to some agreement to get the debt clock slow down or tick back the other way continues to be the challenge. but first, where we have been. >> take a look at the debt through history. the amount we owe ebbed and flowed. over country of spending more than it takes in, is nothing new. 1835 saw the lowest recorded debt at $34,000 under president andrew jackson. unsuccessful assassination attempt on him that year. 1865, president that did perish from
at 10:30 last night soon after prince george's county police and the u.s. marshal tried to issue and serve an arrest warrant. the suspect we're told -- let's take a look at some video we shot a short time ago. the suspect was armed inside of the avery park apartment, hold up inside an apartment. buff the neighbors we're told are safe. everyone in the immediate area was evacuated although we don't have an exact number. the suspect alone in the apartment. there was never a hostage situation. corporal maria mckinnie, she had some advice for neighbors, many of them who are waking up this morning who are talking to us, confused about what is happening here, trying to get out of the neighborhood. she has some advice for those residents. let's listen to what she had to say. >> the recommendation that we give at this time is to just continue on about their day, just let them know that the situation is under control and we have officers on the scene who are negotiate -- who are negotiating with the suspect. >> reporter: again you can see outside the avery apartments in adelphi. you can se
in on a budget deal to stop the u.s. from going over the fiscal cliff. home buildings haven't felt this confident in 6.5 years just before the housing bubble burst. a trade group says buildings are enjoying the best market since the housing boom. friday's mass shooting at a connecticut elementary school has one sporting good chain suspending sales of rifles nationwide. dick's sporting good is removing all guns on display. the gunman used a military style rifle in the shootings. >>> good news for greece. raised the credit rating by 6 notches. other european union countries are committed to keeping greece. >>> instagram says it has a right to sell your photos. expressing outrage on twitter and sites. instagram claims the right to sell photos to advertisers without payment or notification. there's no way to opt out unless you close your account by january 16th. that's your money watch. cbs money >> coming up at 4:00, toyota troubles the multi million dollar fine levied by the government. >>> the strongest northwest storm of the season roars into washington state. the mess it left behind.
precipitously. the u.s. dollar, now a dollar 302 by the euro. six months ago. this was more like a dollar 25. deming, the dollar has done really week of the last rebel days, has it not? >> i am really shocked at the euro is doing as well as it is. somewhere down the line there will have to ease. it has been doing this as the whole time. has a lot to do with the fed meeting last week. the special -- perpetual qe and is not doing anything to help the ballot right now. liz: in the end you do want a strong dollar. i know some big multinational space to the u.s. that not only won a weak dollar to make our products cheaper, but i'll talk to carlos about this in a minute. let me get to that nymex. obviously whale is an interesting play, but i you guys talking a lot about this gold price behavior? this is really weird. >> well, it is tied in w dollar. so many people leading the same way. all the sudden you start to see it. stocks got hit and people start to panic. you basically have people that look in to say, you know, this dollar is going to get smacked. the reverse my position. liz: speaking of s
economy? any or all of thisould have happened, but the story is a warning signal for politicians in the u.s. if you believe you could have financed contamination on the back of the wealthy, think again. it is not that eas. we need better operating of a fair tax system in which everyone has skin in the game rather than trying to find out where the money is. by the way, how much money do you think and slick willie get away with in 40 years of robbing banks? just $2 million. at thought it was more. that's what i think. now we want to know what you think. coming in the mail. >> coming up on "the willis report," hurricane sandy slammed into the east coast over one month ago. why are victims still waiting on a? and what is fema doing with the cash? the president of ericsson insurance advisers ways in next. and guess which state the highest paid truper lives in? queue will not believe how much some are milking taxpayers. we will have the averages tails later. also, what has nine lines and six toes? find out why their government is cracking down on these level for balls. we a
. it is called project blitzkrieg. get this, in early pilot program they have already stole $5 million from u.s. bank accounts. here to talk about how to protect your hard-earned cash. we have colonel layton, security analyst and former deputy director with the national security agency. colonel, welcome back to the show. i should say colonel cedric layton. >> my pleasure, melissa. great to be with you. melissa: break this down for me. what exactly is going on? >> what is going on, melissa. there is a guy named --. melissa: i'm glad you had to say that, not me. >> he is, basically means thief in law. in russian. so he is literally a godfather-like figure within the russian hacker community. he is very brazen. posts a lot of stuff on youtube that talks about exactly what he will do. he is interested in going after people's money and he is targeting particularly affluent private banking customers, rich people all over the world but particularly in the united states. and during this last attack, that he was involved in, this basic test run for operation blitzkrieg, what he ended up doing he ended u
association of business economics. the organization figures the u.s. economy will grow 2.1%, driven by housing and construction, but with corporate profit growth slowing down. nayantara hensel is the chairman of the national association for business economics. not bad, moderate, stable but certainly not robust here s it? >> no, that's absolutely right, tom. basically again we're forecasting annual average real gdp growth at 2.1% but the goodews is we expect it to accelerate during the course of the year, perhaps reach being 3% by the fourth quarter of 2014. >> tom: what is going to add to that growth considering, is it being held back in the first six months because of the uncertainty over the fiscal cliff? >> absolutely. in fact, if you take a look at the panelist forecast on a quarterly basis they suggest real gdp growth will be 1.8% in the first quarter of 2013 but will jump by the second quarter of 2013 to about 2.4%. i think some of that is definitely being held back by a lot of the concerns that resolution i imrtan of the tax and the spending plans. and about 90% of our panelists forecas
. that is not high speed the way it is calculated. average miles per hour. the minimum actually under u.s. -- of we have a standard -- 110. almost every high speed train in the world is running today at 130 some, 50 miles per hour average and we are in the dark ages as far as -- you will probably hear from ms. maloney and a few minutes, a segment from new york to boston is around 68 miles per hour average. pitiful. i started to talk about the horrible history highlights of amtrak's attempts to get into high speed rail. they did acquire train some years ago, the acquisition was a total disaster. there were extended expensive lawsuits that went on and on, they required a european design, and european fleet model that was allowed to tilt because you could get faster speed and curves and other things that could enhance the speed. unfortunately amtrak and the way it handled first the acquisition and then the redesign of the equipment, redesigned the vehicles so they were wider and they miscalculated because when the train got a higher speed and tilted the wider trains would hit. to compensate, they had
conversation and ipvited mow to sit down and have a conversation. and she said well, do you want to be a u.s. septemberor. my answer was yeah. >> and what will be different between the house and the september for you? what were you expecting? >> i hope to have similarity and focus on the economic climate of our could you wantry and necessity of dealing with the and deficit. this will be more opportunity to go. and now the republicans are moving in the. and thrawill shape up my experience drastically. >> governor, we watched and tind out who you would pick. there are rulers and stutch such. it was a tough designation. >> it is not always cut and dried. for me three or five ear 10 years old and where our state and country is going. up want a fight are and member that has conseshative principals and will not waiver in pressure. we have great candidates and i am confident about his mother and what he will f this employwhen you came in the house of representative, you rose up from povertiet to be a member of the united states congress. why are you so successful and what is it about you? >> i thin
with cash for alaska andine cuba. that's coming up. ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. >> brian: last thing you want to see is extreme weather extreme waste by the government. that's what we are getting in the last hurricane sandy relief bill . >> gretchen: only a traction is dedicated. the rest goes to government projects that have nothing to do with the storm. how can that be? councilman, why is alaska fisheries getting $150 and u.s. bases. >> we have a spending cap and under the budget agreement the government it except in cases of emergency. this is epped run around the budget process . we don't just have fisheries. we have amtrak subsidy for 366 million. and that is in addition to the subsidies we give them and only 23 million
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